CashApp Monthly Actives

Gross Payment Volume

Revenue segments as reported by the company.

Transactions

Subscriptions & Services

Hardware

Bitcoin

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product Development

Sales & Marketing

General & Administrative

Transaction, Loan & Advance Losses

Bitcoin impairment losses

Amortization of acquired customer assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Block

Cash App (formerly known as Square Cash) is a mobile payment service developed by Square, Inc., allowing users to transfer money to one another using a mobile phone app. As of February 18, 2018, the service recorded 7 million active users.

Square Cash

Block, Inc. engages in creating ecosystems for distinct customer audiences. It operates through the Square and Cash App segments. The Square segment provides businesses the ability to accept card payments. The Cash App segment offers an ecosystem of financial products and services to help consumers manage their money. The company was founded by Jack Patrick Dorsey and James Morgan McKelvey in February 2009 and is headquartered in Oakland, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Block (SQ) targets $1.3B EBITDA in 2023, Cash App growth

Block (SQ) is focused on achieving Rule of 40 on adjusted operating income, with a target of over 100% gross profit retention. The company is strategically aligning external disclosures with internal operations and emphasizing customer retention and real cost accountability.

Square (SQ) excels in Q1 2023, eyes global growth opportunities

Block (SQ) delivered strong Q1 2023 results with growth in key financial metrics and a positive outlook for the full year. The company's focus on profitability, compliance, and strategic growth areas positions it well for future success. Addressing challenges around risk management and sustaining growth will be crucial moving forward.

Block (SQ) reports stellar Q2 earnings, eyes growth in Cash App and strategic partnerships

Block (SQ) delivered robust Q2 2023 results with strong gross profit growth and increased profitability guidance for the year.
Cash App's performance and expansion into new demographics highlight growth potential and strategic partnerships.
Operating leverage strategies are being employed to enhance efficiency and optimize costs for sustained growth.
Challenges lie in maintaining growth momentum, disciplined risk management, and navigating competitive fintech landscape.

Square reports solid Q3 performance, eyes growth through innovation

Square's Q3 performance showcased growth in key metrics despite challenges, with a strategic focus on innovation, efficiency, and capital allocation for future success.
Cash App's evolution into a banking relationship and Square's commitment to Bitcoin highlight opportunities for expansion and leadership in digital payments.
Challenges such as system outages, macro trends impacting growth, and cost optimization require strategic adaptation and disciplined execution for sustained success.
Overall, Square's performance, strengths, challenges, and opportunities position the company well for future growth and leadership in the digital payments landscape.

Block (SQ) posts impressive Q4 earnings, eyes international expansion

Block (SQ) reported strong financials for Q4 2023, with a focus on product innovation, banking relationships, and growth opportunities. Despite challenges in certain segments, Square remains optimistic about future growth and new product launches.

Block (SQ) reports robust Q1 results, raises full-year guidance

Block (SQ) Q1 2024 earnings call highlighted strong financial performance, raised full-year guidance, and emphasized compliance efforts. The company is on track with key initiatives like Afterpay integration and product enhancements.

Square reports stellar Q2 earnings, eyes sustainable growth strategies

Square's Q2 2024 earnings call showcased robust financial performance, marked by significant growth in gross profit, EBITDA, and operating income.
The company's strategic initiatives, including reorganization, share repurchase program, and increased guidance, reflect a strong focus on long-term value creation.
While facing challenges in operational execution and market dynamics, Square remains well-positioned to capitalize on growth opportunities and drive shareholder value.
By balancing growth and profitability, Square aims to achieve sustainable success and deliver value to both investors and customers.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Although it had performed well in 2015 and beyond, this stock crashed heavily in 2022 as the company reported slowing growth and quarter after quarter of financial losses. Overextension into emerging markets, high inflation, and crypto winter stomped its stock price into the ground.

Surprise surge: This dark horse is racing to the top

American Express

PayPal

The financial services scene finds itself in a predicament these day. Traditional heavyweights like big banks face a wide range of financial technology companies seeking to expand their financial service offerings.

3 Financial Services Stocks to Buy Now: Q2 Edition

Alphabet

Lockheed Martin

As of late 2023, the US economy seemed poised for a controlled slowdown, with hopes of easing inflation and steadier growth. However, 2024 has brought surprising developments.

3 Resilient Stocks to Snatch Up During Market Dips

Block, Inc. stock has outperformed expectations since I upgraded SQ to a Buy. Block is well-positioned for significant operating leverage growth as it scales and gains share. Block faces intense competitive headwinds. However, it has demonstrated its business model.

Block: Top Fintech Growth Stock Poised For A Breakout

Celsius Holdings

Here are two stocks that I think could explode in the second quarter.

2 Stocks That Could Explode in Q2

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

Invesco High Income 2024 Target Term Fund 

Nuveen Preferred & Income Term Fund

Wayfair

There are three types of closed-end fund structures: perpetual, term, and target term. Term funds aim to minimize the discount at which the fund trades versus its share price. Today we have four funds that are nearing their completion dates. JPI, DCF, CBH, and IHTA. We'll go through them one-by-one. Term funds are similar to buying a discounted bond that is nearing its maturity. There are a few other risks that are involved here.

Play The Odds With Term Funds: Annualized Gains Up To 15%

Mastercard

Nu Holdings

Blockchain stocks allow investors to profit from various industries that use blockchain data storage technology. Because blockchain technology offers additional security due to its anonymity, some of the biggest industries adopting it on a large scale are cryptocurrency and online banking.

The 3 Best Blockchain Stocks to Buy in April 2024

StoneCo

Fintech stocks have been Wall Street's wallflowers for what seems like an eternity now. While flashier industries like AI, cloud computing, and renewable energy have been hogging the limelight, fintech stocks have been left out in the cold.

3 Fintech Stocks About to Post Multibagger Gains This Year

Block Inc. has won over more investors lately as the company puts a greater focus on profitability and discipline, but a Morgan Stanley analyst isn't sold on the stock's prospects.

Block isn't doing enough to win over Gen Z, this new bear warns

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) will release financial results for the first quarter of 2024 on Thursday, May 2, 2024, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block's Investo.

Block to Announce First Quarter 2024 Results

Apple

Wendy's

The practice of “surge” or “dynamic” pricing is common in markets ranging from airlines to supermarkets — and U.S. regulators are concerned that the growing role of tech giants will further power this trend at the expense of the American consumer.

Big Tech payment apps are the ‘holy grail' of surge pricing, says CFPB's Chopra

Fintech stock  Block Inc  (NYSE:SQ) is 1.8% lower to trade $78.19 this morning, after Morgan Stanley issued a downgrade to "underweight" from "equal weight," along with a price-target cut to $60 from $62.

Analyst: Block Stock Faces Multiple Headwinds

Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.

Is Square Stock A Buy Amid Cash App's Growth Outlook?

Realty Income Corp

Teva Pharmaceutical

Although the Dow Jones, S&P 500, and Nasdaq Composite have rocketed to fresh all-time highs, opportunistic long-term investors can still uncover amazing deals. Many online brokers have removed barriers that had previously kept retail investors on the sidelines.

3 No-Brainer Stocks to Buy With $600 Right Now

I reaffirm my "Buy" rating on Block stock, supported by strong commercial performance in FY 2023, with 26% YoY topline and 25% YoY gross profit growth clearly outpacing analyst expectations. Heading into 2024 and beyond, I like SQ's ambition to tap into a $205 billion total addressable market - with a penetration upside of 95%. This ambitious plan, paired with strong management execution against objectives, is likely a key driver for uptrending EPS consensus projections.

Block: Success In Chasing A Big Market Opportunity Deserves A Higher Target Price

Fiserv Inc

Fintech, or financial technology, is a sector that has been growing rapidly in recent years, offering innovative solutions for payments, banking, lending and investing. The best fintech stocks leverage digital platforms, data analytics, artificial intelligence (AI) and other technologies.

The 3 Most Undervalued Fintech Stocks to Buy in April 2024

Agora

DecisionPoint Systems

Mitek Systems

PagerDuty

SurgePays

Unisys

Savvy investors traverse the complex financial markets to find the Holy Grail or stocks they should hold for ten years. Because the stories of these businesses contain the blueprints for prosperity, the trip is just as important as the goal in this search.

Tomorrow's Titans: 7 Stocks to Own for a Decade of Unstoppable Gains

Square and Cash App are both resonating well with users, and both segments are posting strong growth. Block hasn't been consistently profitable, which adds risk to the equation.

1 Reason Block Stock Is a Screaming Buy, and 1 Reason to Avoid It Like the Plague

Last year, Block announced it would cut costs and streamline operations. Early signs have been positive, with the company beating fourth-quarter earnings estimates and growing its profits.

Where Will Block Be in 1 Year?

One e-commerce conglomerate has started reinforcing its competitive moat. As Bitcoin hits record highs, it could finally be the time to buy a certain fintech stock.

Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money

CleanSpark

Coinbase

Robinhood

NVIDIA

We have narrowed our search to five crypto-oriented stocks that have strong potential for 2024. These are NVDA, COIN, HOOD, SQ and CLSK.

5 Crypto-Centric Stocks to Buy as Bitcoin Regains Momentum

Affirm

Riot Blockchain

Upstart Holdings

Upwork Inc

There are seven disruptive stocks that should be on every investor's radar. These companies are pioneering innovative technologies and business models that have the potential to change traditional industries and create massive new markets.

7 Stocks That Are Making Traditional Industries Tremble

Adobe

CrowdStrike

The Magnificent Seven stocks continue to generate a fair amount of ink in the media. And for good reason.

3 Tech Stocks to Buy Beyond the Mega-Cap Heavyweights

Fintech stocks saw a major surge during the COVID-19 pandemic when touchless payments and digital money transfers were in demand. Since then, fintech stocks have struggled and the sector has been overlooked for hotter industries like AI or semiconductors.

Wall Street's Favourite Fintech Stocks? 3 Names That Could Make You Filthy Rich

ARK Fintech Innovation ETF

Global X FinTech ETF

Amplify Mobile Payments ETF

As food prices continue to soar in the United States, more Americans are resorting to Buy Now, Pay Later (BNPL) options.

News for Block Stock (SQ)